Image: Embraer
Embraer hit a major milestone with the delivery of its 2,000th business jet. This milestone comes only 23 years since the first Embraer business jet delivery in 2002. Since then, the company has grown its market substantially, averaging at 14% compounded annual growth in sales. The company has the best selling small business jet each year for a decade, the Phenom 300, and strong-selling mid-size models with the Praetor 500 and Praetor 600. Â
“Delivering our 2,000th business jet is more than just a milestone number. It is a powerful reflection of the strength of our product portfolio, our unwavering commitment to our customers and the dedication of our employees who take pride in building every aircraft,” said Michael Amalfitano, President & CEO of Embraer Executive Jets.Â
“This milestone cements Embraer’s position as a global leader in business aviation and serves as a testament to the popularity of our Praetor family of jets, especially among major corporate flight departments. Both the Praetor 500 and Praetor 600 have become aircraft of choice for their disruptive technology and unmatched performance, demonstrating the confidence these corporations place in Embraer.”
The 2,000th aircraft was a Praetor 500 delivered to an undisclosed corporate flight department. With a range of 3,340 nautical miles with 4 passengers and NBAA IFR reserves, the aircraft is capable of intercontinental flights. With the longest range in the mid-size market, the aircraft can complete true non-stop transcontinental corner-to-corner flights, such as Miami-Seattle or Bangor-San Diego, with ease. Â
The Bottom Line
Embraer is now a major player in the business jet market, delivering more than 1/3rd of the small and mid-sized business jets in 2024. The company’s success, which began with executive versions of regional aircraft and expanded with purpose built designs, has become a market leader and key player in the market in less than a quarter century. Â
Innovation and modern designs are critical for success in the business jet market. With newer, purpose built designs that outperform competitors on key elements such as range, the company has rapidly established itself as an industry leader, as demonstrated by this milestone delivery.
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